Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-07-06T09:18:51+00:00
Gymshark chief executive and founder Ben Francis is in negotiations to buy back a portion of the stake he sold to private equity company General Atlantic, theFinancial Times(FT) reported, citing sources. People familiar with the matter told the publication that Francis is discussing both a potential valuation and the size of any repurchase with the US buyout group. The same people said he has also been speaking to banks about financing for the deal. General Atlantic invested £200m (now $266.7m) in Gymshark in 2020 in exchange for a 21% stake. The private equity company also has a representative on Gymshark's board. The investment valued Gymshark at £1bn, with Francis keeping majority control. While Francis has considered buying out General Atlantic's entire holding, the sources told theFTt
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25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.